Insights > Deals
pbb finances Net Zero Properties' northern German rental portfolio
29 October 2026 | Financing | Germany | 1,010 units | Operational
The financing supports an existing housing portfolio with planned heating and energy‑efficiency upgrades.
Key details
Asset type | Operational |
Location | Germany |
Capacity | 1,010 units |
Borrower | Net Zero Properties |
Lender | Deutsche Pfandbriefbank |
Value | Undisclosded |
The Jade‑North portfolio spans seven locations in Lower Saxony and Schleswig‑Holstein. It comprises about 58,000 sq m of residential space and 170 parking spaces. Heating optimisation, heat pumps and solar installations are planned following the acquisition.
Strategic context
Net Zero Properties is a new financing partner for pbb, which is expanding its lending activity in German residential property sector. The transaction involves an existing homes, making refurbishment and day‑to‑day operations central to the business plan. The proposed upgrades target to achieve energy ratings from A to C.
For the owner, the financing provides a route to modernise the acquired properties.
SUBSCRIBE TO STUDENT HOUSING INSIDER
Stay close to the student housing market
Subscribe to Student Housing Insider for a weekly update on student housing transactions, development pipeline, market trends and selected BONARD analysis.
Designed for investors, developers, operators, lenders and market participants tracking the student housing sector.